Tenaz Energy Corp. (TSX:TNZ)

Tenaz Energy Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	202.02	-7.71	26.55	5.24	8.34	-18.99
Depreciation & Amortization	69.24	20.87	19.96	6.43	4.66	3.71
Stock-Based Compensation	6.53	3.03	1.86	1.27	0.56	0.29
Other Adjustments	-219.03	-2.31	-32.92	-4.58	-10.06	17.5
Changes in Other Operating Activities	21.87	-7.64	-0.27	0.99	0.45	-0.1
Operating Cash Flow	80.64	6.24	15.18	9.35	3.95	2.41
Operating Cash Flow Growth	432.32%	-58.86%	62.36%	136.93%	63.97%	-81.48%
Capital Expenditures	-38.21	-18.23	-24.86	-17.1	-10.39	-7.87
Sale of Property, Plant & Equipment	-	-	-	-	1.75	1.75
Payments for Business Acquisitions	28.58	-36.83	36.81	1.81	-	-
Other Investing Activities	5.35	0.94	46.24	-38.6	4.4	-0.37
Investing Cash Flow	-7.83	-54.12	58.2	-53.89	-4.24	-6.5
Short-Term Debt Issued	-	-	-	21.48	-3.99	3.99
Short-Term Debt Repaid	-10	-	-21.48	-	-	-
Net Short-Term Debt Issued (Repaid)	-10	-	-21.48	21.48	-3.99	3.99
Long-Term Debt Issued	-	138.28	-	-	-	-
Net Long-Term Debt Issued (Repaid)	-	138.28	-	-	-	-
Issuance of Common Stock	0.56	0.93	-	0.23	29.82	-
Repurchase of Common Stock	-3.86	-1.23	-3.87	-0.75	-0.03	-
Net Common Stock Issued (Repurchased)	-3.3	-0.3	-3.87	-0.52	29.79	-
Other Financing Activities	-3.12	-0.13	-0.01	-0.05	-0.04	-0.04
Financing Cash Flow	121.9	137.85	-25.36	20.91	25.76	3.95
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.29	-0.37	0.45	-	-	-
Net Cash Flow	199	89.61	48.47	-23.64	25.47	-0.14
Free Cash Flow	42.42	-11.98	-9.68	-7.75	-6.45	-5.47
FCF Margin	11.56%	-10.38%	-8.07%	-13.78%	-20.46%	-56.55%
Free Cash Flow Per Share	1.30	-0.44	-0.33	-0.27	-0.43	-0.50
Levered Free Cash Flow	244.92	125.57	-0.1	17.04	-0.93	-19.27
Unlevered Free Cash Flow	230.04	11.89	65.51	21.87	21.26	-24.02

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.